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United Airlines (UAL) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-06-26 23:01
United Airlines (UAL) closed the most recent trading day at $77.55, moving +1.07% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.8% for the day. Meanwhile, the Dow gained 0.94%, and the Nasdaq, a tech-heavy index, added 0.97%. Shares of the airline witnessed a loss of 0.99% over the previous month, trailing the performance of the Transportation sector with its gain of 1.77%, and the S&P 500's gain of 5.12%.Investors will be eagerly watching for the performanc ...
MATSON INCREASES QUARTERLY DIVIDEND TO $0.36 PER SHARE
Prnewswire· 2025-06-26 20:10
Company Overview - Matson, Inc. is a leading provider of ocean transportation and logistics services, founded in 1882 [3] - The company offers vital ocean freight transportation services to Hawaii, Alaska, Guam, and other Micronesian islands, as well as expedited services from China to Long Beach, California [3] - Matson's fleet includes containerships, combination container and roll-on/roll-off ships, and barges, with logistics services extending throughout North America and Asia [3] Dividend Announcement - The Board of Directors has declared a third quarter dividend of $0.36 per common share, marking a 5.9% increase from the previous quarter [1] - This increase represents the thirteenth consecutive annual increase to Matson's quarterly dividend, reflecting the strength of the business and confidence in long-term free cash flow growth [2] Capital Allocation Strategy - The company emphasizes a disciplined approach to capital allocation, committing to return excess capital to shareholders through share repurchases after funding dividends and supporting operations [2] - Matson aims to maintain an investment-grade balance sheet while investing in growth opportunities [2]
Landstar Continues to Grapple With Freight Market Weakness
ZACKS· 2025-06-26 18:26
Group 1: Company Overview - Landstar System, Inc. (LSTR) is currently facing multiple headwinds, making it an unimpressive investment option [1] - The company is experiencing reduced demand for freight services and increased truck capacity, leading to low shipment volumes and rates [1][8] - The truck transportation segment, a key area for LSTR, is underperforming, contributing to weak revenue outlooks [1][8] Group 2: Economic and Industry Challenges - High inflation continues to negatively impact consumer sentiment and growth expectations, affecting trucking companies' profitability [2] - The trucking industry is battling a persistent driver shortage, complicating recruitment efforts as older drivers retire [3] - LSTR's stock has declined by 21.1% year-to-date, underperforming the transportation-truck industry's overall decline of 18% [3][8] Group 3: Earnings Estimates and Performance - The Zacks Consensus Estimate for LSTR's second-quarter 2025 earnings has been revised downward by 14.8% in the past 60 days, indicating a lack of confidence from brokers [7] - Earnings expectations for LSTR suggest a decline of 22.3% year-over-year for the second quarter of 2025 and an 11.3% decline for the full year [11] - LSTR has a weak earnings surprise history, lagging the Zacks Consensus Estimate in three of the last four quarters with an average miss of 3.34% [10] Group 4: Industry Ranking - The industry to which LSTR belongs has a Zacks Industry Rank of 244 out of 248 groups, placing it in the bottom 1% of Zacks industries [12] - The performance of the industry group significantly influences stock price movements, indicating that LSTR's prospects are tied to the overall industry performance [12]
XPO Schedules Second Quarter 2025 Earnings Conference Call for Thursday, July 31, 2025
GlobeNewswire News Room· 2025-06-26 11:30
Greenwich, Conn., June 26, 2025 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its second quarter conference call and webcast on Thursday, July 31, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.Access information:Call toll-free from US/Canada: 1-877-269-7756International callers: +1-201-689-7817Live webcast online at: www.xpo.com/investorsA replay of the conference call will be available until August 30, 2025, by calling toll-free (fr ...
Are Transportation Stocks Lagging International Seaways (INSW) This Year?
ZACKS· 2025-06-25 14:41
Company Performance - International Seaways (INSW) has shown a year-to-date performance increase of approximately 4.1%, outperforming the Transportation sector, which has returned an average of -6% [4] - The Zacks Consensus Estimate for INSW's full-year earnings has increased by 13.5% over the past three months, indicating improved analyst sentiment and earnings outlook [4] - International Seaways currently holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable investment outlook [3] Industry Comparison - International Seaways is part of the Transportation - Shipping industry, which consists of 36 individual stocks and is currently ranked 68 in the Zacks Industry Rank [6] - The average performance of stocks in the Transportation - Shipping industry has declined by 4.1% this year, highlighting that INSW is performing better than its peers [6] - In contrast, the Transportation - Airline industry, which includes SkyWest (SKYW), has seen a year-to-date decline of 7% and is ranked 48 [6][5]
Ryder System (R) Earnings Call Presentation
2025-06-25 09:21
Investor Overview April 2025 Safe Harbor and Non-GAAP Financial Measures Note Regarding Forward-Looking Statements: 1 Certain statements and information included in this presentation are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995, including: our forecast; our outlook; our expectations regarding market trends and economic environment, such as rental demand, economic growth, challenging freight environment, weakening used vehicle sales and rental; our expec ...
Littelfuse (LFUS) Earnings Call Presentation
2025-06-25 07:06
INVESTOR PRESENTATION FEBRUARY 2024 1 DISCLAIMERS Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer or solicitation to purchase or sell securities of Littelfuse, Inc. and no investment decision should be made based upon the information provided herein. Littelfuse strongly urges you to review its filings with the Securities and Exchange Commission, which can be found at investor.littelfuse.com. This website also provid ...
X @Investopedia
Investopedia· 2025-06-25 07:00
Shares of Uber Technologies jumped 8% Tuesday as the ridesharing giant launched its robotaxi service in partnership with Alphabet-owned Waymo in Atlanta. https://t.co/sLaAKbtUyy ...
Alaska Air Group (ALK) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-23 23:16
Company Performance - Alaska Air Group (ALK) shares increased by 1.6% to $47.73, outperforming the S&P 500's daily gain of 0.96% [1] - Over the past month, ALK shares have depreciated by 7.36%, underperforming the Transportation sector's loss of 2.22% and the S&P 500's gain of 0.5% [1] Earnings Forecast - Analysts predict Alaska Air Group will report an EPS of $1.57, reflecting a 38.43% decline compared to the same quarter last year [2] - Revenue is expected to be $3.66 billion, indicating a 26.26% increase compared to the same quarter of the previous year [2] - For the entire year, earnings are forecasted at $3.65 per share and revenue at $14.21 billion, showing changes of -25.05% and +21.09% respectively compared to the previous year [3] Analyst Sentiment - Recent revisions to analyst forecasts for Alaska Air Group are crucial as they indicate changing near-term business trends [4] - Positive alterations in estimates suggest analyst optimism regarding the business and profitability [4] Valuation Metrics - Alaska Air Group has a Forward P/E ratio of 12.87, which is a premium compared to the industry average Forward P/E of 9.05 [7] - The company has a PEG ratio of 0.48, while the Transportation - Airline industry has an average PEG ratio of 0.84 [8] Industry Context - The Transportation - Airline industry holds a Zacks Industry Rank of 70, placing it in the top 29% of over 250 industries [9] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]
Howmet's Transportation Market Under Pressure: Is the Risk Priced In?
ZACKS· 2025-06-23 16:05
Key Takeaways HWM's commercial transportation revenues fell 14% in Q1 2025 due to weaker truck builds. Soft demand in Forged Wheels is expected to persist until the second half of the year. Aerospace growth and strong defense budgets are helping support HWM's overall top-line performance.Howmet Aerospace Inc. (HWM) has been witnessing persistent weakness in the commercial transportation market. In the first quarter of 2025, revenues from the commercial transportation market declined 14% on a year-over-yea ...